 "Representational Image")
NIFTY VIEW:
After the spectacular rally in the indices, we are now in a position where technically, Nifty is in a highly overbought zone with RSI reading at 81 and some sort of a profit booking or consolidation would be anticipated. Now all eyes are on the Budget outcome which is to be released in the current week and so high volatility can be expected in the market. However, the support for the week is seen at 10,500 while resistance is seen at 11,450.
BUY DHAMPUR SUGARS
CMP : Rs 194.20
TARGET : Rs
After the spectacular rally in the indices, we are now in a position where technically, Nifty is in a highly overbought zone with RSI reading at 81 and some sort of a profit booking or consolidation would be anticipated. Now all eyes are on the Budget outcome which is to be released in the current week and so high volatility can be expected in the market. However, the support for the week is seen at 10,500 while resistance is seen at 11,450.
BUY DHAMPUR SUGARS
CMP : Rs 194.20
TARGET : Rs
